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GE purchase of Alstom's energy-related businesses is not a done deal

General Electric inched closer to buying the energy-related businesses of France’s Alstom by making a $16.9 billion bid, but rival offers and the concerns of French politicians may hold up or scuttle the deal.

By JONATHAN FAHEY, Associated Press •
Published: April 30, 2014

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NEW YORK — General Electric inched closer to buying the energy-related businesses of France’s Alstom by making a $16.9 billion bid, but rival offers and the concerns of French politicians may hold up or scuttle the deal.